Bamboos Market By Species (Moso bamboo, Bambusa vulgaris, Others), By Application (Gardening, Furniture, Construction, Industrial, Food): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global bamboos market size was valued at $65,829.6 million in 2021, and is projected to reach $99,761.1 million by 2031, registering a CAGR of 4.1% from 2022 to 2031. Bamboo is a forest product and the tallest species of grass. It is highly versatile, owing to the fact that it is not only flexible but also has high tensile strength as compared to other trees and plants. Along with this, its hollow and round structure prevents it from bending above a certain limit as well as makes it light in weight.
Bamboos are available in a wide variety. Some are very tall and have considerably high strength, while some are smaller in lengths and are considerably more flexible. Such features of bamboos make them highly desirable for various industrial and construction applications.
The rise in consumer interest in gardening activities has significantly increased demand for bamboos from residential users. In addition, rise in urban population has notably increased the demand in construction sector, thereby; boosting demand for bamboos for manufacturing support and excess equipment. However, surge in popularity of artificially-made inexpensive and readily available alternatives of bamboo, such as plastic and metal are the major restraint in the growth of the market. Furthermore, development in e-commerce industries and rise in disposable income are anticipated to provide lucrative opportunities for the growth of the market.
The bamboo market is segmented on the basis of species, application, and region. By species, the market is categorized into moso bamboo, bambusa vulgaris, and others. On the basis of application, it is categorized into gardening, furniture, construction, industrial, food, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies, such as product launch to strengthen their market outreach and sustain the stiff competition in the market
COMPETITION ANALYSIS
Key companies profiled in the bamboos market report include, Anji Tianzhen Bamboo Flooring Co. Ltd., BambooVision, Bamboo Australia Pty Ltd., Bamboo Village Company Limited, Dasso Group, EcoPlanet Bamboo, Kerala State Bamboo Corporation Limited, Moso International BV, Simply Bamboo Pty Ltd., and Smith & Fong Company.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging bamboos market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2031.
Extensive analysis of the bamboos market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global bamboos market forecast analysis from 2022 to 2031 is included in the report.
The key market players within bamboos market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the bamboos industry.
Key Market Segments
By Species
Moso bamboo
Bambusa vulgaris
Others
By Application
Gardening
Furniture
Construction
Industrial
Food
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
U.K.
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Anji Tianzhen Bamboo Flooring Co. Ltd.
BambooVision
Bamboo Australia
Bamboo Village Company Limited
Dasso Group
EcoPlanet Bamboo
Kerala State Bamboo Corporation Limited
Moso International BV
Simply Bamboo Pty Ltd
Smith & Fong Company
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